Genel Energy Share Discussion Threads

[d1nga] 05/6/2017 23:09

Lets see what tomorrow brings , hindsight is simple n'est ce pas ??

[ihavenoclue] 05/6/2017 22:31

D1NGA5 Jun '17 - 10:34 - 18106 of 18158 0 0
nothing goes up in a straight line , just a few taking a little off the top I'd say.

game on !!

===========================

True ... as there were rises and then small drops but today the back doors got smashed in and wiped out the rising trend

[topazfrenzy] 05/6/2017 20:25

The money is flowing in, every month cash pops into the coffers, the company is in recovery mode before the huge GAS take-off comes our way, so don't be put off by the sharks here trying to make you sell.

£2-£3 coming here before long IMO

[kulvinder] 05/6/2017 17:38

I truly hope this was just a tree shake to get rid of the weak holders. But it got a scary when I saw it back below 87 today. Swift move above 90p is the order of the day for tomorrow.

[cyan] 05/6/2017 17:24

Greed and fear amongst a lot of new pi's is bound to cause significant movements.
If I had to guess I would think there will be a sharp recovery tomorrow.

Whatever potential deal is/maybe coming , one fact remains; Gigantic buys at 95p.
They , imo, know something.

After a deal I do NOT expect them to be holding an asset at a discount to their buy price.

[m5] 05/6/2017 16:53

Indeed, it needs to.

[volsung] 05/6/2017 16:52

Be interesting to see if this bounces tomorrow.

[panagos] 05/6/2017 16:44

43p buy intact rentboy?

[newswseller] 05/6/2017 16:44

All the usual scum appeared today.. Having been absent since the last trading update..

[jotoha2] 05/6/2017 16:40

RSI 7 and 14 are both in overbought positions , support at 82p and resistance at 120p
tomorrow should be an interesting day.

[ny boy] 05/6/2017 16:39

This smells of dilution and shareholders getting shafted, probably around 40-45p

Big players leaving, they more than the poor PI's that get taken to the cleaners, rinse & repeat, happens so often.

[ny boy] 05/6/2017 16:36

Your user name is appropriate lol

[hpcg] 05/6/2017 16:30

I have to admit I took profits at 92. I am surprised at the lack of follow through; I was anticipating strength into news of some description or another.

[ihavenoclue] 05/6/2017 16:28

Jotoha.. Yes always a positive when NY Rentboy turns up deramping :)

[topazfrenzy] 05/6/2017 16:15

From the FT

Deal on its way most probably

“Today's news suggests that more substantial changes are afoot, as the ties with the past are broken,” said Al Stanton, analyst at RBC Capital Markets. 

“Shareholders will be hoping that the Genel reboot is accelerating; however, we would caution that the departure of major shareholder Nat Rothschild suggests to us that the company's new direction could include some dilution of existing shareholders, perhaps as a result of a deal — merger or acquisition — rather than an equity refinancing.”

Daax Corporation, an Azeri conglomerate, and Bilgin Enerji, a Turkish company with considerable renewable energy assets, have been increasing their holdings in Genel and now have stakes of 11.9 per cent and just over 15 per cent respectively.

Genel did not say on Monday whether it intended to replace Mr Rothschild and Mr Lockett. A spokesman said the future composition of the board “will be a focus for the new chairman.”

[kulvinder] 05/6/2017 16:06

Really hope they have not got any skeletons left in the closet.

[panagos] 05/6/2017 16:05

guys relax just follow the volume.Tomorrow we will be smilimg again:)

[jotoha2] 05/6/2017 16:03

Always a good sign when NY boy turns up , number 1 ambulance chaser !

[jotoha2] 05/6/2017 16:02

No dumping here Kulvinder , just taken some more .

[ny boy] 05/6/2017 16:02

Smart money has left this loss making Company, just leaving the rats left scurrying around before the ship sinks under the weight of BS

[ny boy] 05/6/2017 15:57

not another trap door moment

[topazfrenzy] 05/6/2017 15:41

hmm, funny people are selling well after the news this morning, could only be PIs I'd say

[d1nga] 05/6/2017 15:41

cyan

I didn't say that I had jitters - follow the money IMO

They expect a good return on the 95p - lets see what tomorrow brings

[panagos] 05/6/2017 15:39

43p active?